Deep Yogurt
I don;t have much time to day as I am hitting the road very soon but let me leave you with these charts: Steel Machinery Aluminum More industrials This is not a good sign for the ecomomy.
Read MoreAuthor: Michael Kahn
Don’t worry, be happy
If you are an investor, sorry, chief. But if you are a normal person just going about your life, check these charts.
Read MoreCan you hear me now?
You asked for the truth and I told you Through their own words They will be exposed They’ve got a severe case of The emperor’s new clothes The emperor’s new clothes – Sinead O’Connor 1990 The tide...
Read MoreMore things that make you say, huh?
From high to low, the Dow swung 234 points today yet the VIX dropped 6.30%. I could have sworn it stood for volatility index, right? Yes, I know, it is implied volatility but still. How is that sort of drop supposed to...
Read MoreKnees and Toes
Head and shoulders, knees and toes, knees and toes………. — children’s song Is every pundit calling the current market a head-and-shoulders pattern? I recall the same in 2009 and the market took off...
Read MoreTechnical Analysis Quiz
Here is Hewlett-Packard. Love the printers, love their e-commerce site where I buy ink. But the stock? Nasty, nasty, nasty. Or is it? What are the five technical features outlined on this chart? Winner gets a hearty...
Read MoreThoughts on the US credit debacle
No, debacle is not too strong of a word. That Congress and the President let it get this close to the wire – again – is a disgrace. Yes, I believe there will be a deal but not because the bond market is not worried....
Read MoreThis is a bank?
Have you seen the TV spot where the dog starts “saying” to his owner and friend “We love our bank?” Well, I am not going to buy flowers and candy but I am in the process of switching all my accounts...
Read MoreDow Theory
Today’s column covered the transports’ failure to hold on to a breakout to all-time highs. In Dow Theory, the idea is that companies that make the goods (industrials) and companies that move the goods to market...
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TraderPlanet’s Quick Guide to Candlesticks
